Thanks for all you guys' feedback. I am looking for more of a tactical scope for long range target shooting, long range i mean 600-1000 yards, I am a complete beginner when it comes to long range shooting so I have to get to know everything about my rifle, once again I'm new at this so thank you guys for your patience and cooperation. I feel as if I'm jumping into to this to fast, i feel as if I don't know enough, but the way I look at it is just go out to the range and learn from trial and error. As for the Trijicon Accupoint 5-20-50, my question now is, for that price which is 1149.99, Can i get a better scope for that price?

In my opinion yes you can do better. I really like the Vortex PST's taking into consideration to feature set as well as the optical system. They do a really good job of offering a MIL/MIL or MOA/MOA system in either Second Focal or Front Focal Plane Reticles in their 4-14 and 6-24 flavors.

As for the Trijicon Accupoint 5-20-50, my question now is, for that price which is 1149.99, Can i get a better scope for that price?

Take a look at what's already been mentioned.

For about $200 more the Huskemaw (aka quasi Nightforce) is a much better scope. For about $400 I'd suggest that the Zeiss with target turrets is at least its equal. The Sightron S-II Big Sky Series or S-III are also both excellent units though I'd place the Zeiss as a bit better based on my own experience.

Vortex scopes are great for the money, but I like the glass on my Zeiss scopes better than my Vortex scopes. That's just personal preference.

With me trying to shoot at a 1000 yards, is it necessary for me to load my own ammunition? Or can I stick to a good brand such as Hornady?

Two things....

Accuracy: does the ammunition reliably shoot .5moa or better. If so, check-off part one as 'good.' .5moa is the level of accuracy I want from my longrange rig. .5moa is about 5" at 1k yards. If I can do my part in doping the wind and get a good trigger pull, .5moa = dead deer.

Consistency: make sure you shoot the ammo over a chronograph. You are looking for an extreme-spread (ES) of 15fps or less. If your ES is larger than 15fps, you will discover your groups will string vertically at 1k.

ABL, I, personally, just purchased a Minox ZA-5 6-30x 56mm side focus w/target turrets. At the time of purchase (July) I got the last one in America...but there should be an expected delivery date available by now. SWFA, (good people) Midway and numerous others carry these scopes, and they are worth consideration. GREAT glass, good repeatability, 30mm tube, just under a grand with shipping. I am satisfied that it is the best scope I've ever owned.